Software and Equity Research

Technology is powerful and if used for the right reasons can help transform the way things work. A good example is the use of software in Equity Research. By software I do not mean simple database applications where data is stored, retrieved and presented nicely. Software applications have to become smarter. I strongly believe that intelligence in software will dramatically transform how we work.

Seth Goldstein has an interesting post on how institutional money management will evolve in the coming years. Sell-side firms that leverage technology will come out as winners. Buy-side firms will have to invest in research activities to distinguish themselves. Seth believes that next generation of great Wall Street franchises will be created by software developers and information brokers rather than by equity analysts and sales traders. He is right on the money.

We, at finEye, from the beginning have believed in transformation capabilities of technology. Our software is intelligent and powerful and I hope that finEye comes out as one of the big winners when the dust setlles.